airline ticket was $400, but the average price dropped to $350 this year due to a decrease in the demand for flights. The accompanying table contains information on the supply of air travel.       Airfare (price per ticket)Quantity supplied (millions of sales)$00$17535$35070$40080$575115$750150   Draw the supply curve and use it to calculate producer surplus last year and producer surplus this year. How did producer surplus change?

Below, you are provided with the demand and supply schedules for jars of peanut butter. You will use this information to analyze the effect of a price ceiling on the price of a jar of peanut butter, and to identify whether the price ceiling leads to a shortage or a surplus of peanut butter.   Price      Jars of Peanut Butter Demanded     Jars of Peanut Butter Supplied $2.00                               2,500                                           1,000                          $2.50                                   2,250                                          1,250                                        $3.00                                   2,000                                          1,500                     $3.50                                1,750                                        1,750      $4.00                              1,500                                         2,000      Part 10 : Complete the statement below.  When a price ceiling is imposed…

Quantity supplied will….

Hello!Could you please help me in solving this question

Problem 2 The following table shows the behavior of buyers and sellers in a Pizzeria. price per pizza in $ 0.5 1 1.5 2 2.5 3 3.5 quantity requested 280 260 225 170 105 60 35 quantity available 40 135 225 265 290 310 320 a- Draw the demand and supply curves, name the axes. Interpret the shape of the two curves. b- What is the equilibrium price and quantity. c- If the price was initially set at $2, explain how can we return to equilibrium? d- If the price was initially set at $0.5, explain how can we return to equilibrium?